Exempt Organizations: Status Revoked for Not Filing Annual Return or Notice
Most tax-exempt organizations, other than churches, must file a yearly return or notice with the IRS. If an organization
does not file as required for three consecutive years, the law provides that it automatically loses its tax-exempt status.
Loss of exempt status means an organization must file income tax returns and pay income tax, and its contributors will
not be able to deduct their donations.
What must be filed this year depends on the organization’s financial activity:
Gross receipts normally ≤ $25,000
Note: Organizations eligible to file the e-Postcard may choose to file a full return.
Gross receipts < $ 500,000 and
Total assets < $1.25 million
990-EZ or 990
Gross receipts ≥ $500,000, or
Total assets ≥ $1.25 million
Private foundation (regardless of financial activity)
•Return due dates and extension procedures
•News Release 2010-10
•Outreach Materials for distribution to the public, including exempt organizations
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